BNET Industries
Market Cap:$4.3M
Last Fiscal Year Sales:$984.1M
- Public
- US
Dow Jones Description
As the NO DETOURS company, we look down the road and set the best course to new opportunities for fleets. From application-specific tread products to uptime-critical Bandag Services that go beyond tires, we offer customized fleet services that cut costs and increase uptime. Our products and services are distributed through the Bandag Alliance, our integrated dealer network that includes over 1,600 sales and service locations in North America. For over 45 years, our dealers have been trusted by fleets to provide premium products and extensive knowledge on tire usage. So with Bandag, fleets can count on total support anytime, anywhere.
Number of Employees 3,362
Peer Companies
NAICS Code Tire Manufacturing (except Retreading): 326211
News & Analysis
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bandag inc. and bridgestone corp. - All News and Analysis
BFS integrates commercial operations with Bandag unit.(News)
- 2008-04-28
Byline: Kathy McCarron Bridgestone/Firestone promised its truck tire dealers and retreaders at its Bizcon12 commercial tire conference that the recent merger of its commercial tire operations with its Bridgestone Bandag L.L.C. retreading unit will provide more selling synergies and increased fleet business. ...
BFS merges sales, marketing operations for Bandag unit.(Special Report)
- 2008-04-14
In an effort to meld its Bridgestone Bandag L.L.C. retreading unit with its truck tire division, Bridgestone/Firestone BFS has merged the sales and marketing operations of both to create Bridgestone Bandag Tire Solutions based in Muscatine. BFS acquired Bandag last year. The reorganization and...
News in brief.(Briefs)
- 2008-03-03
BFS workers file civil rights suit DES MOINES, Iowa-Eight African-American employees of Bridgestone/Firestone's Des Moines farm tire plant are seeking certification of a class action, claiming they and other minority employees were subjected to racial harassment and discrimination at the plant. ...
New Bridgestone, Bandag warranty extends coverage for premium products
- 2008-03-01
Bridgestone Firestone North American Tire, LLC BFNT is introducing an extended warranty for its premium truck tires and casings, increasing the coverage period for seven years and three retreads. The exclusive new limited warranty covers the company's best-selling Bridgestone-brand premium commercial tires and casing when retreaded with the Bandag process....
News in brief.(Briefs)
- 2008-02-04
BFS to raise prices up to 8% NASHVILLE, Tenn.-Bridgestone/Firestone BFS will raise prices up to 8 percent on passenger, light truck, medium truck and bus, agricultural and off-the-road tires in the U.S. The price increases will begin phasing in March 1. ...
Many of same-old concerns in 2008: Part 2 of 2; Commercial tire, trucking industries should expect sluggish economy, continued influx of Chinese-made and copy-cat tires...but some profits.(Special Report)
- 2008-01-07
Byline: Peggy J. Fisher Time to rethink So what does this mean to you as a member of the commercial truck tire industry? Well, I'd get ready to embrace change if I were you! I think 2008 is going to...
Challenges...and change: Part 2 of 2; Trucking hammered into a recession by housing mess.(Special Report)
- 2007-12-17
Byline: Peggy J. Fisher Fairly good results Despite these adverse conditions, 2007 was fairly good to the tire companies. In fact, the tire company stocks have outperformed almost every other industry despite high raw material costs and a continuous flood of...
Bridgestone Americas completes acquisition of Bandag
- 2007-07-01
Bridgestone Americas Holding Inc. BSAH has completed its $1.05 billion cash merger with Bandag Inc. The two companies entered into a merger agreement on Dec. 5, 2006, in which Bridgestone Americas committed to acquire the outstanding shares of each class of Bandag stock for US$50.75 per share. The closing occurred...
EU Clears Bridgestone to Buy Bandag Corp.
- 2007-06-04
The European Union approved a plan by Bridgestone Americas Holdings to acquire Bandag Corp. for $1.05 billion.The combination of Bridgestone and Bandag, based in Muscatine, Iowa, would continue to face "strong, effective competition" from companies such as Michelin and Goodyear Tire & Rubber Co., Bloomberg News reported, quoting the European...
Bridgestone Americas Completes Acquisition of Bandag
- 2007-06-01
NASHVILLE, Tenn. & MUSCATINE, Iowa -- Bridgestone Americas Holding, Inc. BSAH has completed its $1.05 billion cash merger with Bandag, Incorporated Bandag. The two companies entered into a merger agreement on Dec. 5, 2006, in which Bridgestone Americas committed to acquire the outstanding shares of each class of Bandag stock...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Martin G. Carver | CEO |
| Warren W. Heidbreder | Cfo |
| Andrew M. Sisler | Vice President, Sales |
| David W. Dahms | Treasurer & Vice President |
| Dennis M. Fox | Vice President, Manufacturing Design |
| Frederico U. Kopittke | Vice President |
| Janet R. Sichterman | Vice President, Sales |
| Jeffrey C. Pattison | Vice President |
| John C. McErlane | Vice President, North America |
| Mark A. Winkler | Vice President, Vehicle Services |
| Michael A. Tirona | Vice President |
| Timothy T. Chen | Vice President |
| Roy J. Carver | Martin G |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Amy P. Hutton | Board of Directors |
| Gary E. Dewel | Board of Directors |
| James R Everline | Board of Directors |
| Phillip J. Hanrahan | Board of Directors |
| R. Stephen Newman | Board of Directors |
| Stephen Newman Richard | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | CEO | Current |
| Bandag Incorporated | President | Current |
| Bandag Incorporated | Board Chairman | Current |
| Bandag Incorporated | Vice Chairman | Former |
| Bandag Incorporated | Board Director | Former |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Cfo | Current |
| Bandag Incorporated | Vice President | Current |
| Bandag Incorporated | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Vice President, Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Treasurer & Vice President | Current |
| Bandag Incorporated | Treasurer | Current |
| Bandag Incorporated | Director Treas. Srvs. & Treasurer | Former |
| Bandag Incorporated | Credit Manager of North American Sales | Former |
| Bandag Incorporated | Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Vice President, Manufacturing Design | Current |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Vice President | Current |
| Bandag Incorporated | Company Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Vice President, Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Vice President | Current |
| Bandag Incorporated | Corporate Controller | Current |
| Bandag Incorporated | Director, Treasury Services | Former |
| Bandag Incorporated | Assistant Secretary | Former |
| Bandag Incorporated | Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Vice President, North America | Current |
| Bandag Incorporated | Director, Marketing | Former |
| Bandag Incorporated | Managerial Positions | Former |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Vice President, Vehicle Services | Current |
| Bandag Incorporated | Marketing Director | Former |
| Bandag Incorporated | Sales Manager, Ehrd | Former |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Vice President | Current |
| Bandag Incorporated | General Manager, Europe | Current |
| Tire Management Solutions, Inc. | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Martin G | Current |
| Bandag Incorporated | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Keystone Strategy, Inc. | Current | |
| Bandag Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Board of Directors | Current |
| Clarion Technologies, Inc. | Executive Vice President, Supply Chain | Former |
| Navistar International Corporation | Vice President, Supply Chain | Former |
| Monsanto Company | Vice President, Supply Chain | Former |
| Solutia Inc. | Vice President, Supply Chain | Former |
| Organization | Position | Status |
|---|---|---|
| Telanetix, Inc. | Board of Directors | Current |
| Bandag Incorporated | Board of Directors | Current |
| Henry Company | President | Former |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bacon's Information, Inc. | Chief Executive Officer | Current |
| Bandag Incorporated | Board of Directors | Current |
| PRIMEDIA Information Inc. | Chief Executive Officer | Former |
| PRIMEDIA Information Inc. | President | Former |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Board of Directors | Current |
Industry Transcripts by Seeking Alpha
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